Livestock product supply and factor demand responsiveness a farm-level analysis in the Southern Rangelands of Kenya /
Despite there being incredible challenges in enhancing livestock development in Kenya, this article isolates product supply and factors input demand responsiveness as the main constraints facing the smallholder. A flexible-Translog profit function permits the application of dual theory in the analys...
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| Dokumentumtípus: | Könyv része |
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2020
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| Sorozat: | Proceedings of the European Union’s Contention in the Reshaping Global Economy
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| Kulcsszavak: | Kereskedelem - Kenya, Állattenyésztés |
| Tárgyszavak: | |
| doi: | 10.14232/eucrge.2020.proc.9 |
| Online Access: | http://acta.bibl.u-szeged.hu/71546 |
| Tartalmi kivonat: | Despite there being incredible challenges in enhancing livestock development in Kenya, this article isolates product supply and factors input demand responsiveness as the main constraints facing the smallholder. A flexible-Translog profit function permits the application of dual theory in the analysis of livestock product supply and factor demand responsiveness using farm-level household data. The results indicate that own-price elasticities were elastic for cattle, while goat and sheep were inelastic. Cross-price and scale elasticities were found to be within inelastic range in all cases, with the goat being a preferred substitute for cattle. All factor inputs demand elasticities were inelastic with the exception of elastic cattle output prices and labour cost. Thus, the recommended policy option would be supportive pro-pastoral price policies, enhanced investment in pastureland improvement and an increasing wage rate, since these assume key significance in improving the livestock production/marketing. |
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| Terjedelem/Fizikai jellemzők: | 157-172 |
| ISBN: | 978-963-306-772-7 |